Plan Snapshot
- Plan Sponsor: L. C. Whitford Co., INC.
- Sponsor EIN: 160789973
- Sponsor Address: 164 NORTH MAIN STREET, WELLSVILLE, NY, 148951152
- Plan Type: 401(k)
- Total Participants: 149
- Total Assets: $12.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 149 | $12.3M | $429,051 | $469,233 |
| 2023 | 156 | $11.4M | $284,357 | $418,559 |
| 2022 | 142 | $10.0M | $305,535 | $406,133 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FRONTIER FINANCIAL GROUP, LLC | INVESTMENT MANAGEMENT | $33,526 | — | $33,526 |
| PROFESSIONAL CAPITAL SERVICES, LLC | CONTRACT ADMINSTRATOR | $30,360 | — | $30,360 |
| LEVEL FINANCIAL ADVISORS, INC. | INVESTMENT ADVISOR | $11,175 | — | $11,175 |
| PROTO & LOSKEY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PROFESSIONAL CAPITAL SERVICES, LLC — CONTRACT ADMINSTRATOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,061
- Estimated Expense Ratio: 0.610% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $75,062 | $44,702 | $30,360 | — | — |
| 2023 | $74,897 | $39,820 | $35,077 | — | — |
| 2022 | $53,345 | $20,054 | $33,291 | — | — |